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LAYER funding rate

LAYER funding is 0.0013% per hour on Hyperliquid (10.95% APR) and 0.0013% per hour on Aster (10.95% APR). A positive rate means longs pay shorts.

Data as of . Refreshed about every minute.

Current rate by venue

VenueMarketPer hourAPRPer day on $10,000Open interest
HyperliquidLAYER0.0013%10.95%Long pays $3.00$273K
AsterLAYER0.0013%10.95%Long pays $3.00–

Gap between venues: 0.0000% per hour (0.00% APR), highest on Hyperliquid, lowest on Aster. Before trading costs; see why the net is much smaller.

Method and sources

Rates are per hour: Hyperliquid and Lighter pay hourly; Aster's rate is divided by the market's funding interval (8, 4 or 1 hours). APR = rate per hour × 24 × 365, not compounded. Averages are total funding paid over the period divided by its hours. A positive rate means longs pay shorts. Live rates refresh about every minute, history every 15 minutes.

More: LAYER perp markets by venue, all funding rates, how hourly funding works

Frequently asked questions

Do longs or shorts pay LAYER funding right now?
On Hyperliquid, longs pay shorts 0.0013% per hour (10.95% APR); On Aster, longs pay shorts 0.0013% per hour (10.95% APR). These are the latest rates; they change every hour, so the 7- and 30-day averages on this page say more about what a position has paid.
Which venue has the highest LAYER funding rate?
Right now Hyperliquid, at 0.0013% per hour, against 0.0013% on Aster: a gap of 0.0000% per hour (0.00% APR) before trading costs. A gap is not a profit: fees on four trades, price gaps between venues and funding that flips usually eat most of it.
How often is LAYER funding paid?
Hyperliquid pays LAYER funding every hour. Aster pays every 8, 4 or 1 hours depending on the market; this page divides its rate by that interval so it compares per hour. Funding is charged on the position's value, not on margin.